2, SAFFRON CLOSE, BARWELL, LEICESTER, LE9 8FW - £283,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 SAFFRON CLOSE is a midsized extended detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £338,113. It was last sold for £283,000 in January 2021, which was around 11% below the average January 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

2 SAFFRON CLOSE Sold Prices

Land registry data shows two sales for 2 SAFFRON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 2 SAFFRON CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 15 JAN	£283,000	£318,936	11% below HPI
2002 29 NOV	£126,000	£153,157	18% below HPI

2 SAFFRON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 2 SAFFRON CLOSE sales from November 2002 and January 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 SAFFRON CLOSE be worth now?

2 SAFFRON CLOSE might now be worth an estimated £338,113.

This is based on house price inflation of 19.5%, between January 2021 and February 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.5% inflationary increase is applied to the most recent sale price for 2 SAFFRON CLOSE of £283,000 on 15th January 2021. For the value to have increased from £283,000 to £338,113 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 SAFFRON CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The January 2021 sale price of £283,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SAFFRON CLOSE has not materially changed since January 2021.

How Large is 2 SAFFRON CLOSE?

2 SAFFRON CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 50% of detached houses houses in Barwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barwell, and where 2 SAFFRON CLOSE lies on this distribution: 48% of detached houses houses are smaller than 2 SAFFRON CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Barwell.

2 SAFFRON CLOSE: Plot and Title Map

2 SAFFRON CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 2 SAFFRON CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 SAFFRON CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 SAFFRON CLOSE?

2 SAFFRON CLOSE is located in BARWELL, in the LE9 postcode district. The below map shows the position of No. 2 on SAFFRON CLOSE.